Future of Utilities - Utilities of the Future
Future of Utilities - Utilities of the Future

Author: Fereidoon Sioshansi

Publisher: Academic Press

Published: 2016-03-15

Total Pages: 494

ISBN-13: 0128043202

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Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector Helps readers anticipate what developments are likely to define the function and role of the utility of the future

Future of Utilities - Utilities of the Future
Future of Utilities - Utilities of the Future

Author: Fereidoon P. Sioshansi

Publisher: Academic Press

Published: 2016-03-24

Total Pages: 492

ISBN-13: 9780128042496

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" Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector" relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory termsProvides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sectorHelps readers anticipate what developments are likely to define the function and role of the utility of the future

Smart Power Anniversary Edition
Smart Power Anniversary Edition

Author: Peter Fox-Penner

Publisher: Island Press

Published: 2014-09-16

Total Pages: 0

ISBN-13: 9781610915892

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Few industries in the U.S. are as stuck in the past as our utilities are. In the face of growing challenges from climate change and the need for energy security, a system and a business model that each took more than a century to evolve must now be extensively retooled in the span of a few decades. Despite the need, many of the technologies and institutions needed are still being designed or tested. It is like rebuilding our entire airplane fleet, along with our runways and air traffic control system, while the planes are all up in the air filled with passengers. In this accessible and insightful book, Peter Fox-Penner considers how utilities interact with customers and how the Smart Grid could revolutionize their relationship. Turning to the supply side, he considers the costs of, and tradeoffs between, large-scale power sources such as coal plants and small-scale power sources close to customers. Finally, he looks at how utilities can respond to all of these challenges and remain viable, while financing hundreds of billions of dollars of investment without much of an increase in sales. Upon publication, Smart Power was praised as an instant classic on the future of energy utilities. This Anniversary Edition includes up-to-date assessments of the industry by such leading energy experts as Daniel Estes and Jim Rogers, as well as a new afterword from the author. Anyone who is interested in our energy future will appreciate the clear explanations and the in-depth analysis it offers.

Electrify
Electrify

Author: Saul Griffith

Publisher: MIT Press

Published: 2021-10-12

Total Pages: 285

ISBN-13: 0262046237

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An optimistic--but realistic and feasible--action plan for fighting climate change while creating new jobs and a healthier environment: electrify everything. Climate change is a planetary emergency. We have to do something now—but what? Saul Griffith has a plan. In Electrify, Griffith lays out a detailed blueprint—optimistic but feasible—for fighting climate change while creating millions of new jobs and a healthier environment. Griffith’s plan can be summed up simply: electrify everything. He explains exactly what it would take to transform our infrastructure, update our grid, and adapt our households to make this possible. Billionaires may contemplate escaping our worn-out planet on a private rocket ship to Mars, but the rest of us, Griffith says, will stay and fight for the future. Griffith, an engineer and inventor, calls for grid neutrality, ensuring that households, businesses, and utilities operate as equals; we will have to rewrite regulations that were created for a fossil-fueled world, mobilize industry as we did in World War II, and offer low-interest “climate loans.” Griffith’s plan doesn’t rely on big, not-yet-invented innovations, but on thousands of little inventions and cost reductions. We can still have our cars and our houses—but the cars will be electric and solar panels will cover our roofs. For a world trying to bounce back from a pandemic and economic crisis, there is no other project that would create as many jobs—up to twenty-five million, according to one economic analysis. Is this politically possible? We can change politics along with everything else.

Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication
Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication

Author: Scott Hempling

Publisher: Edward Elgar Publishing

Published: 2020-10-30

Total Pages: 576

ISBN-13: 1839109467

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What happens when electric utility monopolies pursue their acquisition interests—undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.’s leading regulatory thinkers, this book combines legal, accounting, economic and financial analysis of the 30-year march of U.S. electricity mergers with insights from the dynamic field of behavioral economics.

Models to Inform Planning for the Future of Electric Power in the United States
Models to Inform Planning for the Future of Electric Power in the United States

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2020-09-25

Total Pages: 89

ISBN-13: 0309680964

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Providing a reliable and resilient supply of electric power to communities across the United States has always posed a complex challenge. Utilities must support daily operations to serve a diverse array of customers across a heterogeneous landscape while simultaneously investing in infrastructure to meet future needs, all while juggling an enormous array of competing priorities influenced by costs, capabilities, environmental and social impacts, regulatory requirements, and consumer preferences. A rapid pace of change in technologies, policies and priorities, and consumer needs and behaviors has further compounded this challenge in recent years. The National Academies of Sciences, Engineering, and Medicine convened a workshop on February 3, 2020 to explore strategies for incorporating new technologies, planning and operating strategies, business models, and architectures in the U.S. electric power system. Speakers and participants from industry, government, and academia discussed available models for long-term transmission and distribution planning, as well as the broader context of how these models are used and future opportunities and needs. This publication summarizes the presentations and discussions from the workshop.

Electricity's Future
Electricity's Future

Author: Christopher Flavin

Publisher: Sterling/Main Street

Published: 1984

Total Pages: 84

ISBN-13:

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Electricity, which has largely supplanted oil as the most controversial energy issue of the 1980s, is at the center of some of the world's bitterest economic and environmental controversies. Soaring costs, high interest rates, and environmental damage caused by large power plants have wreaked havoc on the once booming electricity industry. Although policymakers around the world disagree vigorously about future trends and appropriate policies, virtually all acknowledge that a turning point has been reached. This document discusses: (1) past practices and trends leading to problems related to electric power generation and the electrical industry in the United States and foreign countries (including developing nations); (2) innovations and advances in the electrical industry related to the growth of electricity; (3) the rush to small-scale energy production and cogeneration (the combined production of heat and power), led not by utilities but by large industrial companies building their own power systems and small firms created to tap new energy sources such as wind power and geothermal energy; (4) the role of energy efficient products and practices as a power source; and (5) electricity's future. (JN)

AI for Utilities
AI for Utilities

Author: Debashish Roy

Publisher: Apress

Published: 2024-05-10

Total Pages: 0

ISBN-13:

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This transformative book explores the power of artificial intelligence (AI) in revolutionizing the utilities industry. It covers crucial topics such as intelligent grids, decentralized energy resources, customer engagement, electric vehicle integration, and more, providing a comprehensive and practical guide to successfully navigate the energy transition. In today's world, the urgency of addressing climate change and transitioning to sustainable energy systems is undeniable. With approximately 60 percent of global greenhouse gas emissions attributed to the energy sector, utilities play a vital role in achieving sustainability goals. The traditional utility business model faces disruption from renewable energy, changing consumer expectations, and regulatory shifts. Embracing AI emerges as a key solution to optimize operations, enhance grid reliability, and meet evolving customer demands. Through compelling case studies and industry-specific use cases, you will discover how AI drives innovation, improves operational efficiency, and contributes to a greener and more sustainable world. As the demand for cleaner and more sustainable energy practices grows, this book demonstrates how AI can support utilities in meeting these demands, making them more resilient, agile, and customer-centric. Whether you're a seasoned industry expert or a curious student, this book equips you with the knowledge and insights to embrace sustainability, navigate the complex energy landscape, leverage AI to shape a positive future, and join the movement towards a greener world, empowered by AI's potential in the utilities industry. What You Will Learn Understand the challenges and opportunities for utilities in the context of climate change, energy poverty, and the evolving business landscape Discover how rapid transformation is needed in the utilities sector to overcome challenges and leverage opportunities for a sustainable future Gain insight into the role of technology, particularly artificial intelligence (AI), as a critical tool for utilities in their transformation journey Be aware of how AI can be applied in building the future utility industry, including its potential impact on energy efficiency, intelligent energy ecosystems, community engagement, and new business models Gain knowledge of the adoption of AI and machine learning technologies in the utility industry, including the current state, barriers, significant influencing factors, and an AI adoption maturity model for utilities Recognize the sustainability imperative for utilities and how AI can help in achieving sustainable energy practices Become familiar with the transformation of power generation, microgrids, intelligent transmission and distribution systems, utilities retail, mobility through electric vehicles, and the integration of distributed energy resources (DER) using AI Gain insight into the potential of AI in addressing challenges and driving innovation in the energy ecosystem, such as optimizing power generation assets, enhancing grid intelligence, improving customer service, and enabling clean energy awareness in the metaverse Who This Book Is For Professionals and decision makers in the global utilities industry who want to leverage artificial intelligence (AI) technologies to transform their operations and address challenges and opportunities in the energy sector. This book may also appeal to researchers, academics, and students in the fields of energy engineering, environmental science, data analytics, and AI who want to gain a deeper understanding of AI in the utilities sector and its implications for sustainable energy systems.